Avantium (OTCMKTS:AVTXF) Stock Short Interest Report for October

Avantium (OTCMKTS:AVTXF) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 938 shares, a decline of 48.7% from the September 30th total of 1,828 shares. Based on an average daily volume of 46 shares, the short-interest ratio is currently 20.4 days.

Avantium Price Performance

Shares of AVTXF stock opened at C$5.64 on Friday. The stock has a 50 day simple moving average of C$6.06 and a 200-day simple moving average of C$7.92. Avantium has a 12-month low of C$5.30 and a 12-month high of C$12.65.

About Avantium

Avantium N.V. is a Netherlands-based technology company focused on renewable and circular chemistry. The company develops catalytic processes that convert renewable carbon sources, such as plant-based sugars, into chemicals and materials intended to reduce reliance on fossil-based feedstocks.

Avantium’s principal technologies include the YXY technology, which produces FDCA (furandicarboxylic acid), a building block for the company’s PEF (polyethylene furanoate) polymer. PEF is designed for use in packaging, bottles, films and textiles and is positioned as a plant-based alternative to certain conventional plastics.